Weighted average life

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Related to Weighted average life: Weighted average maturity

Weighted average life

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Weighted Average Life

The amount of time for the principal on a loan or a mortgage to be paid off. The length of the weighted average life depends on the amount of principal paydowns and how often they are made. Once the WAL is calculated, one can determine how long it will take to pay off half of the remaining principal.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The weighted average life (WAL) cushion for portfolios also inched higher, in July 2018.
The company said that when issued, the notes will have maturities between 7 and 12 years and have a weighted average life to maturity of about 93/4 years.
The bonds have a weighted average life of 1.77 years, and will be issued by a vehicle called SC Germany Auto 10-1.
The CLO envisages a 4.25 year reinvestment period and an 8.5 year weighted average life (WAL).
The first A1 AUD240m tranche with a weighted average life of 3.6 months was priced at 70 basis points over swap.
The CLO envisages a 3.9-year reinvestment period and an 8.5-year weighted average life (WAL).
The company will issue a multiple series of notes totalling USD310m and USD115m, respectively under the agreement when it closes on 15 October 2010 and 30 December 2010, which will mature from 5 years to 12 years with a weighted average life to maturity of about 9 years and may be retired before their scheduled dates subject only to a make-whole provision.
They have a weighted average life of 2.6 years and are to be priced to yield about 140 basis points more than the three-month London interbank offered rate.

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